Senate resolution filed to look into impact of Russia-Ukraine war on PH energy supply | Global News
Close  

Senate resolution filed to look into impact of Russia-Ukraine war on PH energy supply

/ 12:03 PM August 04, 2022
Senate resolution filed to look into impact of Russia-Ukraine war on PH energy supply

INQUIRER FILE PHOTO

MANILA, Philippines — A resolution seeking to look into the impact of the Russia-Ukraine conflict on the country’s energy security and affordability has been filed at the Senate.

Senator Sherwin Gatchalian filed Senate Resolution No. 78, stressing that the soaring costs of global oil and coal have rippled across the domestic market as Russia is a key oil producer.

ADVERTISEMENT

“There is a need for Congress to be apprised of the short, medium, and long-term effects and implications of the Russian invasion of Ukraine on the Philippine economy, in particular, the country’s oil supply and the effects of the continuous elevated global oil and coal prices on domestic oil and petroleum products,” Gatchalian said in a statement on Thursday.

FEATURED STORIES

Senator Sherwin Gatchalian. (Photo from the Senate Facebook account)

Senator Sherwin Gatchalian. (Photo from the Senate Facebook account)

“Hindi na kakayanin ng taong bayan ang palagiang pagtaas ng presyo ng produktong petrolyo na naging sanhi din ng pagtaas ng presyo ng mga pangunahing bilihin,” added Gatchalian, the chairman of the Senate committee on energy in the 18th Congress.

(The public can no longer afford the repeated oil price increases which also causes the rise in the costs of basic commodities.)

During the previous Congress, the senator held a hearing to seek solutions and programs that could cushion the impact of the war between Russia and Ukraine.

gsg

Subscribe to our global nation newsletter


Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS:
For feedback, complaints, or inquiries, contact us.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.